Ready Capital Statistics
Total Valuation
Ready Capital has a market cap or net worth of $1.23 billion. The enterprise value is $9.28 billion.
Important Dates
The last earnings date was Thursday, November 7, 2024, after market close.
| Earnings Date | Nov 7, 2024 |
| Ex-Dividend Date | Dec 31, 2024 |
Share Statistics
Ready Capital has 169.44 million shares outstanding. The number of shares has increased by 26.17% in one year.
| Current Share Class | 168.53M |
| Shares Outstanding | 169.44M |
| Shares Change (YoY) | +26.17% |
| Shares Change (QoQ) | -0.21% |
| Owned by Insiders (%) | 0.96% |
| Owned by Institutions (%) | 60.99% |
| Float | 166.85M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 8.13 |
| PS Ratio | 8.81 |
| Forward PS | 5.56 |
| PB Ratio | 0.58 |
| P/TBV Ratio | 0.60 |
| P/FCF Ratio | 5.70 |
| P/OCF Ratio | 5.70 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 66.11 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 42.96 |
Financial Position
The company has a current ratio of 8.45, with a Debt / Equity ratio of 3.53.
| Current Ratio | 8.45 |
| Quick Ratio | 7.98 |
| Debt / Equity | 3.53 |
| Debt / EBITDA | n/a |
| Debt / FCF | 38.20 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -3.56%.
| Return on Equity (ROE) | -3.56% |
| Return on Assets (ROA) | -0.75% |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $375,291 |
| Profits Per Employee | -$318,008 |
| Employee Count | 374 |
| Asset Turnover | 0.01 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -85.92M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -33.39% in the last 52 weeks. The beta is 1.49, so Ready Capital's price volatility has been higher than the market average.
| Beta (5Y) | 1.49 |
| 52-Week Price Change | -33.39% |
| 50-Day Moving Average | 7.18 |
| 200-Day Moving Average | 8.16 |
| Relative Strength Index (RSI) | 48.69 |
| Average Volume (20 Days) | 2,023,245 |
Short Selling Information
The latest short interest is 20.83 million, so 12.29% of the outstanding shares have been sold short.
| Short Interest | 20.83M |
| Short Previous Month | 19.27M |
| Short % of Shares Out | 12.29% |
| Short % of Float | 12.48% |
| Short Ratio (days to cover) | 13.73 |
Income Statement
In the last 12 months, Ready Capital had revenue of $140.36 million and -$118.94 million in losses. Loss per share was -$0.70.
| Revenue | 140.36M |
| Gross Profit | 97.23M |
| Operating Income | -152.51M |
| Pretax Income | -141.42M |
| Net Income | -118.94M |
| EBITDA | n/a |
| EBIT | n/a |
| Loss Per Share | -$0.70 |
Full Income StatementBalance Sheet
The company has $201.30 million in cash and $8.25 billion in debt, giving a net cash position of -$8.05 billion or -$47.50 per share.
| Cash & Cash Equivalents | 201.30M |
| Total Debt | 8.25B |
| Net Cash | -8.05B |
| Net Cash Per Share | -$47.50 |
| Equity (Book Value) | 2.34B |
| Book Value Per Share | 12.59 |
| Working Capital | 8.99B |
Full Balance SheetCash Flow
| Operating Cash Flow | 216.00M |
| Capital Expenditures | n/a |
| Free Cash Flow | 216.00M |
| FCF Per Share | $1.27 |
Full Cash Flow StatementMargins
Gross margin is 69.27%, with operating and profit margins of -108.65% and -78.27%.
| Gross Margin | 69.27% |
| Operating Margin | -108.65% |
| Pretax Margin | -125.19% |
| Profit Margin | -78.27% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | 153.89% |